Axis Bank hikes FD rates, now offering up to 7.95%: Check latest rates 2023

New Delhi: Axis Bank has increased the interest rate on fixed deposits of less than Rs 2 crore. The bank increased interest rates by 5 basis points on various tenors from 1 year to 1 year 24 days, as per the adjustment.

axis bank fd interest rate 2023

While the bank offers the maximum interest rate on deposits maturing in the next two years to thirty months which is 7.2 per cent for general public and 7.95 per cent for senior citizens, Axis Bank offers interest on deposits maturing in the next seven days offers rates. year which ranges from 3.50 per cent to 7 per cent. ,Also Read: Up to Rs 21,000 off on iPhone 14: Here’s how the deal works,

Axis Bank Interest Rates on Fixed Deposits of 7 to 60 days

On fixed deposits maturing between 7 to 45 days, the bank will continue to offer interest at 3.50 per cent, while Axis Bank will continue to offer 4 per cent interest on deposits maturing within the next 46 days to 60 days . Day. ,Also Read: Twitter Blue Tick Gone? Here’s How To Get Verified On The Platform In 2023,

Axis Bank Interest Rates on Fixed Deposits of 61 days to 1 year

Axis Bank will continue to offer an interest rate of 4.75 per cent for deposits of three months or more and 4.50 per cent for deposits of 61 days to three months. Deposits maturing in 6 to 9 months will continue to earn interest at the rate of 5.75 percent, while deposits maturing in 9 to 1 year will continue to earn interest at the rate of 6 percent.

Axis Bank Interest Rates on Fixed Deposits for 1 Year to 13 Months

The bank raised interest rates on fixed deposits with maturity of one year to one year 24 days by five basis points to 6.8 per cent from 6.75 per cent, and it will continue to offer 7.1 per cent rate on deposits with maturity of one year 25 days . for thirteen months.

Axis Bank Interest Rates on 13 Months to 10 Years Fixed Deposit

Axis Bank will still offer 7.15 per cent interest rate on deposits with tenures between 13 months and two years. Deposits of 2 years to 30 months will now fetch interest at the rate of 7.2 per cent, while deposits of 30 months to 10 years will continue to fetch interest at the rate of 7 per cent.